H.4.1 Factors Affecting Reserve Balances of Depository Institutions

FEDERAL RESERVE These data are scheduled for release each Thursday. The exact time of each release will be announced, when the information is available, on (202) 452-3206. H.4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of F.R. Banks November 10, 1994 Millions of dollars Averages of daily figures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Week ended Change from week ended i Wednesday FF..RR.. BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss Nov 9, 1994 Nov 2, 1994 Nov 10, 1993 Nov 9, 1994 Reserve Bank credit1 2 396,033 - 93 + 31,272 397,418 U.S. government securities Bought outright--system account 354,941 + 1,306 + 27,876 356,721 Held under repurchase agreements 1,960 - 704 + 1,960 400 Federal agency obligations Bought outright 3,744 0 - 991 3,744 Held under repurchase agreements 344 - 42 + 344 760 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 242 + 228 + 202 1,641 Seasonal credit 188 - 70 + 106 175 Extended credit 0 0 0 0 Float 403 - 599 + 316 36 Other F.R. assets 34,212 - 213 + 1,460 33,941 Gold stock 11,052 - 1 - 2 11,052 Special drawing rights certificate account 8,018 0 0 8,018 Treasury currency outstanding 22,800 + 14 + 845 22,800 Total factors supplying reserve funds 437,903 - 80 _ 32,115 439,288 Currency in circulation* 391,654 + 2,093 + 36,404 393,816 Treasury cash holdings* 364 + 1 - 10 367 Deposits, other than reserve balances, with F.R. Banks Treasury 5,503 - 616 + 444 6,272 Foreign 166 - 19 - 445 161 Service-related balances and adjustments3 4,733 - 56 - 1,553 4,733 Other 322 - 13 + 27 304 Other F.R. liabilities and capital 12,222 + 222 + 3,205 11,452 Total factors, other than reserve balances, absorbing reserve funds 414,965 + 1,612 + 38,073 417,105 Reserve balances with F.R. Banks4 22,938 - 1,691 - 5,958 22,183 On November 9, 1994, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 414,476 million, a change of + $ 3,095 million for the week. 1 Net of $ 6,747 miliion, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 6,747 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities. 2 Net of $ 5,107 miliion matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 5,107 miliion was with foreign official and international accounts. Includes $ 0 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 4,520 million and adjustments of $ 213 miliion to compensate for float. 4 Excludes required clearing balances and adjustments to compensate for float. * Estimated (Treasury's figures). Components may not add to totals due to rounding. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Worksheet for H.4.1 (a) CONSOLIDATED STATEMENT OF CONDITION OF ALL FEDERAL RESERVE BANKS Millions of dollars Change since ** WWeeddnneessddaayy Wednesday Wednesday Nov 9, 1994 Nov 2, 1994 Nov 10, 1993 ASSETS Gold certificate account 11,052 - 1 - 3 Special drawing rights certificate account 8,018 0 0 Coin 353 + 1 50 Loans 1,816 + 1,579 + 1,738 Acceptances 0 0 0 Federal agency obligations Bought outright 3,744 0 - 991 Held under repurchase agreements1 760 + 360 + 760 U.S. government securities night outright--Bills 174,026 + 2,437 + 11,489 Notes 140,860 0 + 12,632 Bonds 41,836 0 + 3,058 Total bought outright2 356,721 + 2,437 + 27,179 HsTd under repurchase agreements1 400 - 3,215 + 400 Total U.S. government securities 357,121 - 778 + 27,579 Total loans and securities 363,442 + 1,161 + 29,086 - - Items in process of collection (590) 5,496 853 297 Bank premises 1,069 + 1 + 20 Other assets3 32,647 - 1,178 + 784 TOTAL ASSETS (590) 422,076 - 868 + 29,541 LIABILITIES Federal Reserve notes 371,735 + 2,587 + 36,222 Deposits repository institutions 27,288 - 3,616 - 8,921 U.S. Treasury--general account 6,272 + 1,466 + 540 Foreign--official accounts 161 - 36 - 380 Other 304 - 36 0 Total deposits 34,025 - 2,223 - 8,761 Deferred availability cash items (590) 4,864 - 480 - 229 Other liabilities and accrued dividends4 3,768 - 156 • 1,375 TOTAL LIABILITIES (590) 414,392 - 271 + 28,607 CAPITAL ACCOUNTS Capital paid in 3,646 + 2 + 294 Surplus 3,401 0 + 359 Other capital accounts 636 - 600 + 281 * Figures in parentheses are the eliminations made in the consolidation process. 1 Does not include U.S. government and federal agency securities resold under matched sale-purchase transactions to foreign official and international accounts of which $ 2,905 million was outstanding at the end of the latest statement week. 2 Net of $ 5,107 million matched sale-purchase transactions outstanding at the end of the latest statement week, Includes $ 0 million securities loaned—fully secured by U.S. government securities. 3 includes assets denominated in foreign currencies, revalued monthly at market exchange rates. Includes special investment account at Chicago of $ 104 million in Treasury bills maturing within 90 days. 4 Includes exchange-translation account reflecting the monthly revaluation at market exchange rates of foreign exchange commitments. Components may not add to totals due to rounding. MATURITY DISTRIBUTION OF LOANS AND SECURITIES, NOVEMBER 9, 1994 Acceptances and securities held under repurchase agreements are classified as maturing within 15 days in accordance with maximum maturity of the agreements. Millions of dollars U.S. government Federal agency securities obligations LLooaannss AAcccceeppttaanncceess Weekly Weekly Holdings Holdings changes changes Within 15 days 1,669 0 WWiitthhiinn 1155 ddaayyss 1166,,660055 3,584 11 0 16 days to 90 days 147 0 1166 ddaayyss ttoo 9900 ddaayyss 8822,,550044 + 6,162 884411 + 116 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 110099,,009988 145 775500 116 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 8888,,446633 0 11,,660033 0 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 2255,,771111 0 552255 0 OOvveerr 1100 yyeeaarrss 3344,,333399 0 2255 0 Total 1,816 0 TToottaall 335566,,772222 + 2,434 33,,774444 0 Components may not add to totals due to rounding. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

H.4.1 (b) STATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON NOVEMBER 9, 1994 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco ASSETS Gold certificate account 11,052 553 4,135 393 660 902 542 1,217 429 230 436 453 1,102 Special drawing rights certif. acct. 8,018 511 2,808 303 556 652 318 1,036 168 186 199 377 904 Coin 353 16 19 13 18 61 64 27 20 21 23 33 36 Loans 1,816 1 1,568 55 0 0 15 12 30 91 34 9 3 Acceptances 0 0 0 0 0 0 0 0 0 0 0 0 0 Federal agency obligations Bought outright 3,744 196 1,383 146 236 299 167 429 149 82 161 142 353 Held under repurchase agreements1 760 0 760 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright--Bills 174,026 9,110 64,304 6,806 10,970 13,911 7,778 19,936 6,921 3,833 7,465 6,582 16,410 Notes 140,860 7,374 52,049 5,509 8,879 11,260 6,296 16,136 5,602 3,102 6,042 5,327 13,283 Bonds 41,836 2,190 15,459 1,636 2,637 3,344 1,870 4,793 1,664 921 1,795 1,582 3,945 Total bought outright2 356,721 18,674 131,812 13,951 22,486 28,514 15,945 40,865 14,187 7,856 15,302 13,491 33,638 Held under repurchase agreement s1 400 0 400 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 357,121 18,674" 132,212 13,951 22,486 28,514 15,945 40,865 14,187 7,856 15,302 13,491 33,638 Total loans and securities 363,442 18,870 135,923 14,153 22,722 28,814 16,126 41,306 14,366 8,029 15,496 13,642 33,993 Items in process of collection 6,086 350 730 312 250 442 827 553 236 428 446 406 1,105 Bank premises 1,069 92 137 46 43 136 63 113 30 44 51 158 156 Other assets3 32,647 1,301 10,385 1,122 2,045 2,461 2,573 3,736 844 807 1,233 2,002 4,137 Interdistrict settlement account 0 -1,402 +4,897 +1,925 -969 -1,001 +1,587 -1,792 +3,902 -1,696 -1,579 -364 -3,510 TOTAL ASSETS 422,666 20,293 159,034 18,268 25,326 32,467 22,100 46,195 19,996 8,050 16,306 16,707 37,923 1 Does not include U.S. government and federal agency securities resold under matched sale-purchase transactions to foreign official and international accounts, of which $ 2,905 million was outstanding ai the end of the latest statement week. 2 Net of $ 5,107 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 0 million securities loaned-fully secured by U.S. government securities. 3 Includes assets denominated in foreign currencies, revalued monthty at market exchange rates. Includes special investment account at Chicago of $ 104 million in Treasury bills maturing within 90 days. Components may not add to totals due to rounding. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

H.4.1 (c) STATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON NOVEMBER 9, 1994 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco LIABILITIES Federal Reserve notes 371,735 17,887 143,349 16,339 23,209 28,914 17,488 41,303 18,550 6,525 14,058 13,134 30,980 Deposits Depository institutions 27,268 1,575 5,182 1,139 1,155 2,151 3,058 2,965 913 782 1,359 2,540 4,468 U.S. Treasury--general account 6,272 0 6,272 0 0 0 0 0 0 0 0 0 0 Foreign--official accounts 161 5 60 5 9 9 13 16 3 4 5 10 21 Other 304 1 120 1 2 68 1 105 0 3 1 1 1 Total deposits 34,025 1,581 11,634 1,145 1,166 2,228 3,072 3,086 916 789 1,366 2,551 4,490 Deferred credit items 5,454 325 599 302 205 437 640 514 190 438 411 358 1,036 Other liabilities and accrued dividends1 3,768 204 1,304 166 228 291 203 421 155 94 182 155 364 TOTAL LIABILITIES 414,982 19,996 156,886 17,952 24,808 31,870 21,402 45,325 19,811 7,846 16,017 16,197 36,871 CAPITAL ACCOUNTS Capital paid in 3,646 138 996 151 247 284 341 413 85 97 137 248 510 Surplus 3,401 123 969 114 224 228 320 390 74 91 128 246 495 Other capital accounts 636 36 183 51 48 85 37 67 26 15 24 16 48 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 422,666 20,293 159,034 18,268 25,326 32,467 22,100 46,195 19,996 8,050 16,306 16,707 37,923 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 451,517 23,647 168,996 18,073 26,655 35,858 23,240 48,023 21,248 8,174 15,650 17,278 44,674 Less--Held by F.R. Banks 79,782 5,760 25,647 1,734 3,446 6,944 5,753 6,720 2,698 1,648 1,592 4,145 13,694 F.R. notes, net 371,735 17,887 143,349 16,339 23,209 28,914 17,488 41,303 18,550 6,525 14,058 13,134 30,980 Collateral held against F.R. notes Gold certificate account 11,052 Special drawing rights certificate account 8,018 Other eligible assets 0 U.S. govt, and agency securities 352,665 Total collateral 371,735 1 Includes exchange translation account reflecting the monthly revaluation at market exchange rates of foreign exchange commitments. Components may not add to totals due to rounding. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis